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Blog Articles & Video April 2021

ADP releases diversity analysis tool, and more

HR and payroll tech provider ADP has added several new tools to its DataCloud platform. The new ADP DEI Dashboard and Organizational Benchmarks Dashboard help analyze diversity in a workforce, and help better allocate staff resources. “ADP DataCloud gives our clients access to their people data and then uses data

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Why Managers Are Key to D&I Success at Work

There is a general perception across corporate America that middle managers have a tough job. In their article “Why Being a Middle Manager Is So Exhausting,” I think Eric M. Anicich and Jacob B. Hirsh describe it best: By virtue of their structural positions, [managers] are simultaneously the ‘victims and

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Business Roundtable starts major ad campaign opposing tax hikes

As congressional lawmakers return from a two-week recess, the Business Roundtable is starting a multimillion-dollar campaign aimed at stopping tax increases proposed as part of President Joe Biden’s $2.25 trillion infrastructure plan. The group’s radio and digital advertisements, airing within the Washington D.C. market, will extol the benefits of the

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Are You Asking Clients the Wrong Questions?

If you aspire to be an influential strategic business advisor to your clients, you must learn how to ask the questions that help you drill down into how they’re really doing so that you can help them navigate that reality. The first step to asking the right questions is approaching

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Retaining Clients After a Merger or Business Sale

Some sales are easier than others. Take selling a car, for instance: The dealer quotes a price, you negotiate a bit, and then you walk away after making a payment and receiving the vehicle. Your responsibilities are over. Selling a business isn’t as simple, however. You may have clients considering

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New bill would delay estimated tax payments until May 17

Rep. Lloyd Smucker, R-Pennsylvania, has introduced legislation to delay the deadline for the first quarter’s estimated tax payment deadline until May 17 in line with a request from accounting and tax professional groups. Smucker has already gained support from many fellow lawmkaers, and recently led a letter, cosigned by 59

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PwC is paying employees to take vacation

PricewaterhouseCoopers is encouraging its employees to use their vacation days by actually paying them additional money to do it, while also giving them salary increases and bonuses across the board. The firm announced base salary increases for employees Friday, along with an expanded bonus pool. The firm is also giving

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IRS and COVID vaccine email scams proliferating this tax season

Security experts are seeing a rise this tax season in phishing schemes and malware tied to hot-button subjects like tax refunds, stimulus payments and COVID-19 vaccines. The Internal Revenue Service recently warned about an ongoing IRS-impersonation scam that mainly targets educational institutions, including students and staff who have “.edu” email

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Tax Fraud Blotter: Fakin’ it

Potluck; what a decade; nice work, Genius; and other highlights of recent tax cases. St. Louis: Preparer Tiffany McAllister, 44, has pleaded guilty to three counts of tax fraud. McAllister began operating a tax prep service in 2009 and continued the business through the 2019 tax year. During that time,

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Should You Deduct State Income or Sales Tax?

For those of you who’re just joining in, part one explained that Form 1040’s Schedule A allows itemizers to deduct state and local income taxes or state and local general sales taxes. They can’t write off both in the same year (line 5a of 2020’s Schedule A for itemized deductions).

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